The new 30-day reporting and payment deadline has been confirmed from 6 April 2020. This new deadline is applicable when second homes or rental property is sold. Currently, Capital Gains …
It’s time to minimise your tax liability before year end
View PostAre you doing your own tax returns? Client claimed back £1200 in loss relief
Many of our clients come to us after a period of doing their own tax returns. In every business there will be opportunities to save money by doing some of …
Autumn Budget Summary – what you need to know
From inheritance and pensions to corporation tax – we’ll update you on what you need to know following the Budget on Monday 29th October 2018. Read our full summary here …
Government updates National Insurance Contributions
The government recently announced that it will not be abolishing Class 2 national insurance contributions (NICs) during this Parliament. As a result of this unexpected announcement, we wanted to provide …
What you need to know about Making Tax Digital
What is making tax digital? HMRC has announced a new initiative to bring taxpayers online. The idea is to try and make the management of tax easier and more efficient. …
How do you value a business?
We often get asked, is there a calculator for valuing a business or perhaps a valuation formula? Well, the bottom line is that it’s only worth what someone is willing …
Do I need an accountant?
Why is accounting important? Do I need an accountant? This is a question that gets asked a lot. And the answer is that there are many good reasons for choosing …
Accounting vs Bookkeeping
View PostHow to grow your business – Avoid these 5 common mistakes
For many businesses achieving those initial goals is a huge achievement. According to the 2017 report from the Department for Business, Innovation & Skills, the total business population has increased …